- Tata Motors
- Jaguar
- Land Rover
- Tamil Nadu
- M. K. Stalin
- N Chandrasekaran
- Shailesh Chandra
- Tata Group
Tata Motors Breaks Grounds For New Manufacturing Facility In Tamil Nadu, Plans To Invest About INR 90 Billion
- by MT Bureau
- September 28, 2024

Tata Motors, one of the leading passenger vehicle manufacturers, held the groundbreaking ceremony of its new production facility to manufacture cars and SUVs, at Panapakkam in Ranipet district, Tamil Nadu.
The facility will produce next-gen vehicles for Tata Motors and Jaguar Land Rover for both India and international markets.
The groundbreaking ceremony was attended by the Chief Minister of Tamil Nadu, M.K. Stalin and N Chandrasekaran, Chairman of Tata Sons & Tata Motors.
Tata Motors Group intends to invest about INR 90 billion in this greenfield manufacturing facility, which has been designed for an annual production capacity of over 250,000 vehicles. Production will begin in a phased manner and progressively increase to reach this capacity over the next five to seven years.
M.K. Stalin said, “Tata Group is renowned for its contribution to nation building. It has a deep, historic relationship with Tamil Nadu with many of its manufacturing plants successfully operating in our state for the past several years. We welcome Tata Motors, an auto manufacturer of global scale, for setting up its newest manufacturing facility in Panapakkam, Ranipet.”
The state-of-the-art manufacturing facility has the potential to create over 5,000 employment opportunities (direct and indirect). In addition, the plant will be guided by principles of sustainability and use 100 percent renewable energy for running operations.
N Chandrasekaran added, “We are pleased to make Panapakkam as the home of our next generation of cars and SUVs, including electric and luxury vehicles. Tamil Nadu is a leading industrial state with progressive policies and an established automotive hub with qualified and talented workforce. Several Tata Group companies have been successfully operating from here. We now intend to build our advanced vehicle manufacturing plant here using cutting-edge manufacturing technology and world-class sustainability practices. Our endeavour will be to have a high share of women employees across levels, in line with our focus towards greater empowerment of women.”
- Kinetic Engineering
- Ajinkya Firodia
- investment
- SEBI
- BSE
Kinetic Engineering Commits INR 1.7 Billion Investment
- by MT Bureau
- March 27, 2025

Pune-headquartered component supplier Kinetic Engineering has announced that it has got the necessary approvals from stakeholders to invest INR 1.77 billion, which includes INR 550 million by 31 March 2025.
The investment is being made towards capital expenditure, tooling and overall growth initiatives. A significant investment is being earmarked for Kinetic Watts and Volts, the company’s subsidiary focused on the electric vehicle market.
Ajinkya Firodia, Vice-Chairman, Kinetic Group, said, "I am deeply committed to the success and resurgence of Kinetic Engineering. This investment marks a significant step in our journey of growth and transformation. We are focused on unlocking new opportunities, strengthening our market position, and creating long-term value for all stakeholders. We invite our investors to be part of this exciting phase and contribute to Kinetic Engineering’s dynamic and prosperous future."
Furthermore, the promotors are looking to increase their stake in the company to 70 percent from existing 59 percent by FY2027.
Lead image for representational purpose only.
- Hyundai Motor India
- Creta Electric
- tooling
- stamping
- localisation
Hyundai Motor India To Invest INR 6.94 Billion For Tooling
- by MT Bureau
- March 25, 2025

South Korean automotive major Hyundai Motor India has outlined a new investment of INR 6.94 billion towards stamping tool and panel production for vehicles.
The passenger vehicle maker aims to strengthen its domestic footprint along with the foundation of manufacturing by establishing the infrastructure of stamping tool.
This the company believes will drive stability in its supply chain as it will be able to have in-house access to stamping tool and the manufacturing of vehicle panels.
Currently, Hyundai Motor India works with over 194 vendors that has enabled it to localise more than 1,238 parts. This has enabled the company to save around USD 672 million in 2019. In fact, the company’s newest electric vehicle offering the Creta Electric SUV already comes with about 92 percent localised parts.
- Kobelco Construction Equipment India
- KCEI
- Kobelco Construction Machinery Co
- Takemichi Hirakawa
Kobelco Rolls Out 20,000th Made-in-India Excavator From Andra Pradesh Facility
- by MT Bureau
- March 21, 2025

Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co, has attained a new production milestone in the country.
The company recently rolled out its 20,000th made-in-India excavator from its plant in Sri City, Andhra Pradesh. What’s more, the company as part of its India outlook has also announced setting up a new R&D facility, which will focus on developing new technologies, engineering solutions, customisation and product innovation.
At present, the Sri City facility has a production capacity of 3,000 units per annum and supplies excavators for both domestic and 16 international markets. The company claims it currently enjoys over 25 percent market share in India.
Takemichi Hirakawa, Managing Director & CEO, Kobelco Construction Equipment India, said, "Reaching the 20,000th excavator production milestone reflects our commitment to delivering high-quality construction equipment. India has emerged as an important manufacturing base for Kobelco, meeting both domestic demand and expanding our global footprint. As part of our long-term growth strategy, we remain aligned with the ‘Make in India’ initiative and continue to invest in R&D, strengthening our capabilities."
- Hindalco Industries
- Aditya Birla Group
- Aluminium
- Copper
- Specialty Alumina
- Kumar Mangalam Birla
- Satish Pai
- electrification
- lightweighting
Hindalco Industries Unveils New Brand Identity, To Invest INR 450 Billion Too
- by MT Bureau
- March 20, 2025
Hindalco Industries, the metals flagship company of the Aditya Birla Group, has unveiled its new brand identity, which it shared marks its transformation from a materials supplier to an engineered solutions provider.
The new identity represents its focus from just being a supplier of metals to a partner with a focus on closing the ecosystem loop right now from sourcing, refining, co-developing and recycling. The company has also outlined an ambitious INR 450 billion towards strengthening aluminium, copper and specialty alumina business.
In an event held in Mumbai, the company displayed its new range of solutions targeted for various industries including B2C, B2B and even B2G. For the automotive industry the company is looking to work together with automakers and suppliers, especially supporting the transition towards lightweighting vehicles and electrification.
Interestingly, the company has also commenced what it claims is India’s first e-waste recycling plant by Birla Copper and a 100MW renewable energy project in Odisha.
Kumar Mangalam Birla, Chairman, Aditya Birla Group unveiled the new identity and said, “Today, Hindalco is a mini conglomerate in itself, with 52 plants across 10 countries producing a diverse portfolio of high-quality products that contribute to the global economy. We are committing INR 450 billion across aluminium, copper and specialty alumina businesses to deliver both upstream and next-generation high-precision engineered products”.
“Hindalco’s new identity reflects our role as a catalyst for change, a problem solver and a co-creator of new solutions that power progress across industries. And above all, it embodies our commitment to always being a force for good,” added Birla.
The new logo features a bold and dynamic ‘H,’ which the company shared represents forward momentum and reinforces its role in shaping India’s industrial and sustainable future.
Satish Pai, MD, Hindalco Industries, added, “This marks a pivotal moment in Hindalco’s journey as we transition from a metals manufacturer to an innovation-driven solutions provider. Our investments in advanced materials, circular economy solutions, and cutting-edge applications will redefine manufacturing in India and beyond. The new brand identity, Engineering Better Futures, reflects our core principles: Sustainability, Circularity, Durability and Precision Engineering. These pillars form the foundation of our transformation, ensuring we create a lasting impact for generations to come.”
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